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November 20 , 2008
4 Managing Committee
4 Arbitration Committee
4 Pulses Committee
4 Sugar Gur Committee
4 Labour Committee
4 Rice Committee
4 Wheat Atta Committee
4 Law Order Committee
4 Land Committee
4 Price Committee
4 Member's Directory
 
 
KARACHI WHOLESALE GROCERS ASSOCIATION (REGD.)
BALANCE SHEET
AS AT 30TH JUNE, 2007
Capital & Liabilities Rupees

Association Fund:
Balance brought farward 1,382,125

Less:Exccess of expenditure over
 
income during the year 23,981
 
  849,141
   

Liabilities:
 
Arbitration award payable 7,241,364

Members food grain license payable
283,317

Member market committee
6,000
license fee payable
 

7,530,681

 
Property & Assets Rupees

Fixed Assets (At Cost):
 
Office premises including  
furniture, fixture and fittings (At cost) 450,750

Computer                                                 41,000
 
Less: Accumulated depreciation         40,900 100

U.P.S.                                                         15,958
 
Less: Accumulated depreciation          12,768      3,190

Camera                                                        5,900
 
Less: Accumulated depreciation            3,540 2,360

Fax machine                                             11,000
 
Less: Accumulated depreciation            8,800 2,200
 
  458,600

 
 

Current Assets:
 
Income tax deducted 6,260

Balance tax with bank
8,423,420

Cash in hand
545
 
  8,430,225
Total 8,888,825
 
Total 8,888,825
 

KARACHI WHOLESALE GROCERS ASSOCIATION (REGD.)
INCOME & EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30TH JUNE, 2007

Expenditure Rupees

Staff salaries and allowances
208,500
Function and seminars 14,151
Stationary and Photostat 6,658
Telephone and postage 24,139
Electricity 8,730
Water & sewerage board 813
Entertainment 14,318
Letters and circulars charges 24,472
Conveyance 1,048
Property tax 5,616
Audit fee 5,000
Repair & maintenances - office 260,851
Building maintenance charges 7,200
Newspapers & periodicals 776
Award to staff 2,000
Donation 30,482
Computer & fax charges 4,420
Election expenses (Net) 1,053
Repair & maintenances - Electric 379
Subscription & fee 4,000
Members computerised card (Net) 11,450
Bank chargers 100
Misc. & general expenses 17,183
Depreciation 14,672
 
Income Rupees

Membership fee
533,000
Broker registration fee 17,000
Certification & forms 42,890
Annual magazine sale 4,200
Surplus on account of members  
service charges (Net) 24,490
Other receipts 22,450
Excess of expenditure over income  
transferred to balance sheet 23,981
Total 668,011
 
Total 668,011

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